Spring 2017 Newsletter

Housing Bond Bill Introduced

Our executive director, Roger Herzog, recently authored an op ed in Banker and Tradesman on the legislative proposals that aim to recapitalize the Commonwealth’s affordable housing programs. These new housing bond bills seek over $1.3 billion in additional capital authorization for affordable housing, including $216 million for supportive housing production and an extension of the state’s housing tax credit program.

The legislature’s Joint Committee on Housing will hold a hearing at the State House on the legislative proposals on July 25th.  Read more at Banker and Tradesman and stay tuned for more information on these important Housing Bond Bills.

CEDAC’s Executive Director Roger Herzog with (left to right) Pam Feingold of Eastern Bank, Massachusetts Department of Housing and Community Development Undersecretary Crystal Kornegay, Boston Chief of Housing and Director of Neighborhood Development Sheila Dillon, and President & CEO of Victory Programs Jonathan Scott at the Grand Opening of New Joelyn’s Home. Victory Programs received almost $1 million in HIF funds for New Joelyn’s Home.